Solana Deflation Proposal SGP-0002 Clears 41.9% Support Threshold

SGP-0002 seeks to double annual deflation to 30%, accelerating terminal inflation timeline. Current support stands at 27.19M SOL, nearing the 43.27M threshold required for voting.

Woofun AI reports that Solana proposal SGP-0002 has advanced to the support phase, requiring 10% of active staked SOL, or 43.27 million tokens, to trigger full governance voting. Current backing totals 27.19 million SOL, representing 41.9% of the necessary threshold. The measure proposes raising the annual deflation rate from 15% to 30%, which would shorten the path to a 1.5% terminal inflation rate from roughly 5.7 years to 2.8 years and cut issuance by approximately 18.9 million SOL over six years.